Jetstar Asia

Aviation & Engineering

Temasek to lead $15 bil rescue of SIA

SIA plans to offer a three-for-two rights issue at $3 per share, which is a 53.8% discount off SIA’s last traded price of $6.50. It will also raise up to another $9.7 billion from a 10-year Mandatory Convertible Bonds (MCB).

Aviation & Engineering

Down but not out: Aviation workers take on temp public service roles amid suspension of flights

Jetstar Asia says it has been working with the Ministry of Finance, the Public Service Division, and the Civil Aviation Authority of Singapore to find temporary job opportunities offered by the public agencies and the private sector institutions.

Broker's Calls

SATS gets a lift from Qantas' return and new contracts

SINGAPORE (Sept 13): UOB Kay Hian is maintaining its “buy” call on SATS with a target price of $5.40 as Changi International manages to win back Qantas.

SATS signs 2 new catering, ground-handling agreements with Jetstar Asia

SINGAPORE (July 11): SATS, the provider of gateway services and food solutions, and Jetstar Asia on Tuesday announced the signing of two new agreements to enhance the budget airline’s service on board and on the ground.
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